The benefit of trading through an Irish Limited Company has never been greater. The advantages of structuring your business in this way are:
Limited Liability...this protects your personal assets should things go wrong!
Low Irish tax rates...only 12.5% on all trading profits.
Improved cash flow...due to the lower tax rates.
Extra funds can be reinvested in the company and may earn a greater return than alternative investments.
Choice over how and when you pay yourself...a self-employed businessperson's profit is taxed on them personally irrespective of how much money they take out of the business.
We can therefore advise you on the best way forward financially for your business. Contact us if you need advice on whether to incorporate your business or how to meet the ever-increasing burden of compliance with VAT (Value Added Tax) or PAYE (Pay as You Earn) regulations.
We can also advise on how best to use your pension opportunities to provide for retirement and how this can be achieved in a tax efficient manner.